I prefer The HIVE/HBD Market to the conversion process.

Market transactions are faster and the program lets you see the positions people are taking in HIVE and HBD.

The conversion takes 3.5 days.

I use the HIVE to HBD conversion when the price of HBD is significantly below a dollar. My PeakD wallet says that HBD was trading at $0.967. The conversion is probably a better deal.

Sadly, the HBD to HIVE conversion is rarely a good deal. The program charges 5% interest on the transaction; so I only run the HBD to HIVE conversion when the price of HBD is north of $1.05 ... which rarely happens.

Saving HBD when HIVE is High

BTW, your observation is correct. One should transfer their HBD to savings when the price of HIVE is high. One should then remove the HBD and either trade of convert it to HIVE when the price drops.

Personally, I suspect that HIVE has a little bit more to drop in this cycle.

The problem we face is that the game of saving HBD when it is high and converting HBD to HIVE when the price drops has the adverse affect of increasing the HIVE floating on the market; so it pushes the price of HIVE down.

!WINE